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20121202
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English 141
Search Results 65 to 140 of about 141 (some duplicates have been removed)
CSPAN
Dec 5, 2012 10:00am EST
th congress until a credible solution to the fiscal cliff has been found. i thank the gentleman and yield back. mr. hoyer: i thank the gentleman for his comments. i thank him for the early notice on next friday. mr. speaker, the house is still not in order. the speaker pro tempore: the house will come to order. mr. hoyer: i thank the speaker. first, mr. leader, if i could, we have the ending next thursday, so -- i want to clarify pour members so that they know. we will not be in session next friday. is that accurate? mr. cantor: mr. speaker, i'd say to the gentleman, that is correct. mr. hoyer: thank you for that information. i also want to congratulate the gentleman for providing for the week of the 17th. i know none of us want to do that but i appreciate the majority's focus on the business that has not been done. i also appreciate the gentleman's focus on the fiscal cliff and indicating that we need to resolve that prior to leaving the 112th congress. i think those are both positive announcements. i applaud him for that. on the fiscal cliff, we discussed this all the time but
MSNBC
Dec 8, 2012 9:00am PST
with an incoming member of congress about the big job facing him and his views on the fiscal cliff standoffs. you're watching "weekends with alex witt." with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! let's see if we can get the same item at walmart for less? okay. fijit friends. fifteen bucks on rollback. wow! that's a savings of over 29 bucks! twenty-nine bucks!!?? and they're powered by friendship. see for yourself if you could save on the
FOX News
Dec 3, 2012 2:00am PST
there's no reason they should fall off the fiscal cliff adding the only reason why it would happen is if a group of members of congress decide they are going to block an agreement because they want to extend the tax rates for the rich. back to you. >> kelly wright, thank you. it's time for a look at who is talking. another big talker down on capitol hill the september 11th attack on consulate in benghazi. >> we know there was intelligence leading up to the attacks that warned of security risks. diane fine stein is one of the chairs on congress's intelligence committee has been leading the investigation as to what went wrong with libya. now she says it is knotted the intelligence that should be blamed but instead the decision makers. >>> i have reviewed all of the threat warnings by the intelligence community. there were multiple threat warnings well over 200. i have read the priority warnings. i believe the ingenls is good. you can't blame the intelligence. they didn't make the right decision. >> the security warning is what congressman mike rogers is also talking about this mornin
KRON
Dec 3, 2012 6:00am PST
. there 28 days into the fiscal cliff. if the combination of automatic tax increases, as spending cuts that will kick in if congress does not act. if president obama and republicans appear to be playing a game of political chicken. if the president put out a proposal for 1.6 trillion and higher taxes over the next 10 years. he is also proposing 600 billion in spending cuts and 200 billion in new spending to stimulate the economy. house speaker and republican leader john bonner says that the president's plan is in serious. treasury secretary tim geithner is criticizing republicans say that they have no plan. as of right now. we are nowhere on the fiscal cliff. >> 3 you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ woman and forced her to drive
Current
Dec 6, 2012 6:00am PST
been so much hysteria over this fiscal cliff that i'm not sure it's warranted. >> that's exactly right. and also the ryan budget you know, their doctrine -- and it really is doctrining. lower taxes for the wealthy, and that will trickle down. untrue. number 2 increase spending in the pentagon way beyond what the pentagon wants and that will make us three. and that cut back on things like education and scientific research and somehow we'll have a stronger future. none of those things make any sense. at the core of the ryan approach, and he is representative of the dominant republican point of view now, is that you are on your own. it is an ayn rand kind of deal. if you are well off and can afford private school and you can give in a gated community, that's the way it ought to be and all of us ought to strive for that, but the fact is when this country has done well, we have had policies that have given the middle class an opportunity to succeed, and it takes a public/private partnership. >> stephanie: yep. representative, how do you see this playing out and h
FOX Business
Dec 7, 2012 1:00pm EST
if we go over the cliff, it really is ... we still have a month or two for congress to fix things. >> if we go over the fiscal cliff, it will be bad. it will be really bad for the market. ultimately, it will make its way out. we are not solving this cliff before the end of the year. we have come to gather. we have a framework. we are here and they are there, but we will meet somewhere in the middle. i think it will be bad for the market if they work behind the curve. adam: when do they jump in if we go over the cliff? >> waited out. you will know. the first three days, at that point, start looking at getting into positions. our economy is doing better. things are pointing to growth. hopefully washington will not screw this up. if you look at these solid companies that are out there right now, those are the ones that you buy. adam: thank you very much. have a great day. melissa: we will show you whatt3 the 401(k) for ibm means for the company. adam: shifting to a right to work state. michigan's organized labor. take a look at how the dollar is faring today. ♪ >> @23 past the hour
MSNBC
Dec 9, 2012 9:00am PST
year than anytime since the recession began. how much is that is due to the looming fiscal cliff. joining me now is congresswoman judy, chair of the congress gregsal asian pacific caucus. it's great to have you here. we have been talking about the larger effects of this and the taxation issue and what will happen to the wealthiest of americans. how will going over the fiscal cliff affect small businesses? i believe that being able to have a fairer tax rate will benefit small businesses because small businesses will be able to make sure that they are paying a fairer tax rate as what happened in the clinton tax years when we had an economic boom. >> congresswoman, we hear all the time certainly from the republicans arguments against president obama's plan is the $250,000 tax hike threshold could hurt small businesses. we hear that from all people who come on to talk about why they are opposed to it from the right wing that small business owners are going to be the ones hurt by this, the job creators. when we talk about them filing taxes as individuals and the real ones out there, w
FOX News
Dec 3, 2012 1:00pm PST
and if it is done, it it is a bad d. >>guest: i am worried. the so-called fiscal cliff was put in law because it was stuff that would be so unacceptable congress would never let it happen, enormous tax increases, grotesque cuts in spending but here we, it is in the law. congress does nothing which congress is good at doing and go over the cliff and some want to see that happen because then the crisis will generate the kind of bipartisan agreement we need but that is irresponsible. >>neil: it is looking more likely. then who picks up the pieces? >>guest: the country suffers. i don't think anyone gains politically. you know that almost everyone here in both parties will tell you if you talk to them privately, this ends with entitlement reform. not cutting programs like medicare but slowing down the growth in the programs because they are the big drivers of the deficit and raising more out of the revenue, out of the tax system. whether you call iterates or reform over whatever you call it, and each those touches the third rail of the parties, we have to get together and say, basically, we have t
CNN
Dec 4, 2012 5:00pm PST
% want government leaders to compromise on the fiscal cliff. just 25% said they should stick to their principles. so why is it that this congress and this white house can't seem to get together and compromise on a deal? it certainly isn't the first time republicans and democrats haven't seen eye-to-eye on an important issue but the players in this debate seem to be almost allergic to budging even a little bit. republican senator john mccain says it hasn't always been that way and it's time for both sides to sit down together. >> it's time now to sit across the table from one another rather than me saying what i could accept and wouldn't accept, why don't we have the president and our leaders, republican and democrat, sit across the table the way they did with bill clinton, the way they did with ronald reagan, and the way you get things done in washington, rather than saying hey, would you stick with grover norquist or would you not or would you address entitlements or not. i believe it's vital that we address the entitlements, who are the elephant in the room, but that would
FOX Business
Dec 5, 2012 5:00pm EST
cliff talks. he wants the america's youth to use the social networking prowess to get congress to take action. does even the almighty psy have the power to get everybody together? i don't know. joining us with democratic congresswoman karen bass. thank you so much for joining our show tonight. obviously alan simpson is very worried about people getting involved. do you feel like the american public is tuned into this debate or are they sick of hearing all the fighting back and forth and they're tuning out? >> you have to love the former senator. he is quite hilarious. i think people are tuned in. i think people are aware. people know that, you know, 98% of americans could have their tax rates stable and not have their taxes go up. and you know, there are some taxes that would go up if we two off the fiscal cliff. you're talking about a family that makes about $50,000 having a tax increase of $4,000. melissa: congresswoman, this drives me crazy. when we look at all the numbers we immediately start talking about taxes. it seems like we're looking for revenue under every single rock. that
FOX News
Dec 6, 2012 3:00am PST
being asked. we are willing to go over the fiscal cliff. why? to square the members to call their members of congress. if you talk to business people and people in the banking industry they are not concerned about the fiscal cliff and i am not sure why. maybe they feel it is going to get done. this is very, very interesting. >> steve: i think there are people who are optmistic that something can happen in the long run. >> brian: we get past this hurdle and we might get on a roll. >> steve: john boehner said the republicans point of view. we don't have to raise rates on the top people. we can tighten things up and close the loop holes and deduction. actually that the president of the united states's point of view back last year . now he said it is all about tax rates. this is the president in a flash back. >> what we said give us 1.2 trillion in additional revenues which could be accomplished without hiking tax rates, but could simply be questioned by eliminating loop holes and deductions and engaging in a tax reform process that could have lowered rates. >> steve: he was for
ABC
Dec 3, 2012 7:00am PST
, but that high-stakes stalemate is not getting any better. that fiscal cliff, just 29 days until everyone's taxes go up and the white house and congress are absolutely deadlocked right now. >> both sides seeming farther apart than ever. both sides saying, it's your turn to blame. we'll see what happens. >>> also this morning, startling video. it's a little tough to watch but it is okay. it's a prank by a television host setting this magician's hair on fire. now, the magician is okay. he's recovering in the hospital. >> wow. >> what? >> but he is accusing the host of that show of a criminal act. looking at that videotape, it's hard to believe this was any kind of a stunt, as the host claims. >> hard to believe he's okay. >> thank goodness he's okay. >>> wow, also ahead on the show. very special guest today. heidi klum is with us live. here's what she was up to this weekend. looking so glorious. you remember that was supposed to be her halloween costume. hurricane sandy put it on hold and she did a wonderful benefit. to help those who needed it. >> she'll be appearing in full facial crystal this mo
FOX News
Dec 4, 2012 4:00pm PST
a deal to keep us from going off the fiscal cliff. the president says the latest republic offer is out of balance because it extends tax cuts on income of above $250,000. g.o.p. leaders claim they can raise revenue without raising rates by closing loopholes and limiting deductions. but the white house says it's about the rates. ed henry is at the white house tonight. the president claims the republic math does not add up. >> that's right, shep. he met with the nation's governors today. he said behind closed doors that there is a lot at stake not just for the national economy but state by state. some of their budgets could take a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the bottom line is the president and speaker boehner have not spoken now in several days. so there is reall
CBS
Dec 3, 2012 7:00am PST
, clearly the actions that congress put in place to deal with the fiscal cliff is very important because if those actions actually took place then it clearly has a big impact on purchase decisions for all of us and clearly would slow down the economy. so we really do need to come together with a joint solution. >> alan mulally, jim farley, thank you. >> lincoln. >> yeah. all right. charlie -- >> very competitive business. >> nasa is an interesting story that we're talking about too this morning. >> what the curiosity recover has found on mars and got a lot of people talking. ne [ male announcer ] this is bob, a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a
Current
Dec 3, 2012 6:00am PST
excess thoughts. okay. all right. the president on this whole fiscal cliff. >> obama: i don't think it is acceptable for you for a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. >> stephanie: uh, yeah! let's go to kathy in mobile, alabama. >> mobile. >> caller: actually, it is mobile. i know you're not from the south. something i've heard recently which is totally stupid was someone made the comment that normally we only work 25 years and then we live only 40 years after that. a. >> stephanie: right. >> caller: which is crazy. if you started at 18, you reach retirement at 43 or even if you start working at 35. >> stephanie: this is something grover norquist said yesterday. i'm like who only works 25 years? math is -- that's what the president said. republicans have to stop using political math to say how much they're willing to raise tax rates on the wealthiest 2% and specify the spending cuts. they're
Current
Dec 3, 2012 9:00am PST
about the fiscal cliff. but thinking -- you know that the new congress that is coming in has less of the crazy tea baggers than the ones that we're dealing with now. as my understanding that congress can write legislation that's retro active to the first of the year. it may not be such a bad thing going over it afterall. >> stephanie: gayle, i swear to god i understand people -- even the white house saying that would not be preferrable to do that and that markets may react. i'm starting to agree with you. the more i see mcconnell and boehner's comments and how unseriously they're treating this, the lack of specificity of what their plan is, that's what i think. go over the bunny hill or whatever the hell it is. whatever this thing is. the slopy thing. >> the ramp. the hump. >> stephanie: bush tax cuts are gone for the rich. they're gone. they're done. you fix it retroactively with a new congress. it is not like -- it really is like a cliff. maybe a couple of weeks, you go back and retroactively fix it. it is not
FOX
Dec 3, 2012 7:00am PST
the fiscal cliff. the ball, timothy geithner's comments -- >> i i was -- i was flabbergasted. i said you can't be serious. >> if congress fails to act by the end year, tax rates will go up for everyone and across the board spending tax. >>> a new legislative session will start today. democrat are allowed to raise taxes with little fear of republican opposition. but leaders say they are gonna avoid doing that since voters just passed prop 30. republicans, as well as governor brown, will be watching. >>> this month, the state is going to pay public schools and community colleges, the 1.9 billion it owes them. it is money that should have been paid out for over the summer but it was deferred until january. >> now, thanks to proposition 30, the state won't have to wait until then and then the schools will get another payment. >>> students in five states will be spending more time in school. select schools in colorado, connecticut, massachusetts, new york and tennessee, are scheduled to announce today, they are adding 300 hours of class time to the calendar. officials have not said whether they p
CSPAN
Dec 4, 2012 7:00am EST
to congress. january 1, 2013, new tax rates and rolls kick in. january 2, 2013, $110 billion in fiscal cliff spending cuts due to begin. march 27, 2013, funding of the federal government expires. august 1, 2013, white house's suggested deadline for resolving major changes to the tax code and entitlements. ron has this to say about the fiscal cliff -- let's hear from ray in philadelphia, a republican caller. caller: good morning. i think the republicans have to get out a better message. if we realize we ran out of money for all the programs we are having, what is going to happen in another 10 years? what happens is, these people earning more than $250,000, they worked from the age of 18 to move up the ladder and finally reached success. the pint the republicans have to make is it is time to lower taxes on middle-class families. it has reached a pinnacle. it is time to may be lower taxes on the middle-class. we have to cut spending because the economy is in such bad positicondition. democrats keep pointing out that 98% of businesses are less than $250,000. 98% of people working in those busine
CSPAN
Dec 4, 2012 10:00am EST
's the first part of the fiscal cliff. the second part of it is the spending decrease that this congress and the president agreed to the last summer to say we dramatically increase spending, we have to reduce that spending. that spending decrease that was agreed to had a deadline by the end of this year. if there didn't there would be across the board cuts. the house passed our spending decreases in may. the senate has yet to pass any. with that we're stuck with across-the-board cuts that will be in early january. and the tax rate for all americans. in 2001 and 2003 and then extended during the lame duck of 2010, every americans' tax rates were extended out to expire the 31st of december. every tax rate from the lowest to the highest is set to go up. some people see the problem is we're not taxing enough and so that solves the problem. to just go off the fiscal cliff and everyone will be taxed more. some say we don't take from some group and give to the other. some say go to the clinton tax rate. we had a booming economy and creating more jobs. if increasing taxes increases economic acti
MSNBC
Dec 7, 2012 12:00pm PST
we're facing a fiscal cliff or anything. >> you're right, susan. it's not a fiscal cliff but a slope. it's a gradual one. >> stooe, it's not right on to talk about people when they're right there. have some manners. do it behind their back. really, it's got for morale. there's a study and everything. >> if you can't say something nice to something, come on over here and tell it to me. no worries, you're among friends here. it's "the cycle." >>> two big developments on the economic front. first the unemployment numbers for november came out and they were way better than expected. we added a net gain of 146,000 jobs and the unemployment rate dropped to 7.7%, the lowest in four years. to steal a little from krystal, it appears it's obama and boehner one on one. there's no i in team but there's one in win, which is why the fiscal slope negotiations are getting serious. we haven't heard yet from the president but have heard from speaker boehner. >> this isn't a progress report, because there's no progress to report. the white house has wasted another week. it's time for the president, if
FOX News
Dec 5, 2012 1:00pm PST
the responsible thing and that the sequestration, the fiscal cliff the responsible thin wouldn't happen but if we don't get from the american people, if they don't call their congress person, whether they are republican or democrat and tell us to move off the dime and get the job done, we call --. >>eric: what happens in what happens? i tell you what happens. all you guys on washington pat each other on the back and say we didn't go off the fiscal cliff and the debt goes from $16 trillion to $20 trillion a couple years down the road to $25 trillion. nothing changes in washington, dc. you tax. you still spend. maybe it is time to take the medicine congressman and go over the fiscal cliff and fix the problem. >>guest: there is no fiscal cliff. there is a fiscal slope. the earth doesn't stop spinning, the sun will come up, the moon will come up and we will have to do things in john. taxes will go up and the democratic party and hopefully some responsible republicans will vote to make certain that we remove this tax cut that would take place. >>eric: no talk about responsible democrats to stop spendi
CNN
Dec 4, 2012 11:00am PST
federal spending cuts unless congress and the president act so-called fiscal cliff. on the senate floor today, top senate democrat, here he was, harry reid, said the republican counteroffer unveiled yesterday is a serious proposal. reid called the offer a nonstarter. his word. but a serious proposal nonetheless. in an interview just today with bloomberg tv, president obama did not reject the gop offer outright. officials have called it a step backward, not worthy of a counteroffer. but, you know, bottom line here, you have two sides they appear to be pretty far apart with no new negotiations happening at least not to our knowledge. so, with me now from capitol hill is representative peter wel welch. democrat from vermont. good to see you. thanks for coming on. >> thank you. >> so let me just pose this one to you. you just heard harry reid, would you agree with harry reid the plan offered yesterday by that house speaker is, quote unquote, a serious plan? >> well, you know, i don't know the details of it. it is $800 billion supposedly in revenues and it is a lot of medicare cuts but not s
CBS
Dec 8, 2012 5:00am PST
much. now to the president and the congress and the fiscal cliff. the combination of automatic tax hikes and deep federal spending cuts due to kick in january 1st. that's 24 days away. just over three weeks from now but so far negotiations to find a way around it well they've gone nowhere. we'll talk about that with a former chief of staff to president bill clinton and adviser to president obama and a founder and chairman of the center for american progress which is a washington think tank and he joins us now from our washington bureau. john great to have you this morning. good morning. are we going over this cliff, john? >> i think -- i certainly hope not and i think that people -- there are low level talks again and i think that the president and the speaker need to engage with each other to try to avoid that. but what we need to do for the long run is really to get on a path towards greater fiscal discipline but do it in a way that keeps momentum behind the economy right now, keeps jobs growing. after today or yesterday's job report the worst thing we ca
CNN
Dec 6, 2012 8:00am PST
congress and the president are behaving when it comes to the fiscal cliff. let me read some of these numbers for you. should obama compromise to get things done. 72% say yes. 22% say no. should the gop compromise to get things done. and take a look. 72% say yes. my question for you, wolf, i'm not sure you'll have the answer but perhaps you'll have guidance. for those democrats who say the president has a mandate because voters voted him into office while he campaigned to tax the wealthiest 2%, i wonder how those same people who responded in this poll would respond if they had to choose between what they voted for or the compromise they would want to see. do you have a feeling there? >> bottom line from the poll is that overwhelming majority of the american people want both sides to compromise. they don't want to go over the fiscal cliff. they don't necessarily think the difference is separating these two sides are unbridgeable or unrealistic. they can work out a deal. they have to be adults and be serious and make concessions to the other side and you won't get 100% of what
PBS
Dec 7, 2012 5:30pm PST
are especially vulnerable this time of year, this year in particular as the fiscal cliff beckons. for many othe unemployed, the cliff is a clear and present danger. unless congress and the president act before the times square ball drops, many on unemployment insurance will be left to fend for themselves. that's because federal extensions of those benefits, currently up to 47 additional weeks in some states would suddenly expire. that would make for an exceptionally unhappy holiday for an estimated two million unemployed americans. >> brown: we take a closer look now at the standoff and stakes involvingnemployment benefits judith conti is the federal advocacy coordinator for the national employment law project, a workers' rights group. and bill beech heads the center for data analysis at the heritage foundation, a conservative think tank. did welcome to both of you. >> thank you. >> pick up first judy conti on what we just heard, why is the amount of long-term unemployment so stubbornly high? >> what's happening now is we're starting to see job creation. we're starting to see less people being
CNBC
Dec 4, 2012 5:00pm EST
a resolution to the fiscal cliff. i think it is going to come after we go over. >> we could maybe see the beginnings of the contour of an eventual agreement. i don't see how it comes before december 31. >> it doesn't sound like the sides are closer. >> it is not a plan to say we are going to magically reduce our increased revenue through loop hole closures and deduction caps. we don't know who pays or what we are talking about in terms of actual legislation to increase revenue. >> and the market is responding. maybe it is best to forget it and focus on stock picking. >> two-week low this morning and then huge 2.36 million block share trades come in. >> "fast money" right now. >>> live from the nasdaq market site in new york city's times square i'm melissa lee. first china conundrum. is the chinese recovery in recovery mode? a top strategist is digging through the data. hedgefund head winds are supposed to be some of the smartest on the street but 2012 has not been kind. find out if december will bring rebound or redempson. commodities collapse. breaking down the slide in gold today. f
CSPAN
Dec 4, 2012 1:00pm EST
to congress, we need a framework that envisions dealing with the fiscal cliff and the deadlines we face at the end of the year but also recognizes that broader entitlement reform, broader tax reform would probably take more than the few weeks we have remaining here at the end of the year and that should be part of a process next year. but rates are going up, they have to go up. it's part of what we have to do in dealing with deficit reduction. he will not accept a deal that has specific cuts in spending, specific cuts in entitlement programs that asks middle class americans, seniors, college students who need loans, families with disabled children, to sacrifice, to pay a price, on the one hand and the promise, the vague promise, the unspecified promise of some magical revenue that will appear from wealthier americans in the future. that is not a deal this president will sign. >> i understand the process and what the white house is looking for from republicans but in asking about the president, is it his position that the top tax rate has to go to 39.6%? >> he will not sign an extension
FOX News
Dec 2, 2012 1:00pm PST
the fiscal cliff a lot of investment houses are lowering their growth outlook. that is because the owners of small businesses, they are the drivers of the economy. they hire. right now, one out of five cut jobs in the next 12 months. one out of three is cutting capital spending. if there is no jobs we don't have consumer spending that is 70% of g.d.p., so this is really steam rolling. it is frightening. >> gregg: i was reading economists and they say household purchases, wages in salary going down, durable goods decreasing now we have manufacturing coming out on monday as well as jobs report on thursday or friday? >> yeah, the jobs report is expected to be very dismal, about 75,000 net jobs. some of that is because of sandy, but housing market is rebuilding, it's recovering. that makes people feel more wealthy. this retail season is going to be very critical. it's going to tell us a lot. stocks could go up on that. we have some tail winds but right now there is a lot of question marks. >> gregg: brenda, we'll talk about sandy and impact on the economy in the next hour. you can catch brend
CW
Dec 9, 2012 8:30am PST
concerned. more on that. >> and more back and forth between the white house and republicans in congress showing no signs of letting up. >> yes , there are three weeks left until the u.s. goes over the fiscal cliff. we have been talking about that for weeks now. we have more on the progress, or lack there of, in washington. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i am willing to find way to bring down the cost of health care without hurting seniors and other american who is depend on it. i am willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> his talks came after speaker of the house john boehner reported the talks are stalled. >> there is no progress to report. >> his democratic counterpart, pelosi, blames bangle they returned an -- blames boehner. >> they returned an empty letter lacking in specifics. >> federal income tax rates will go back up to the higher clin
Current
Dec 7, 2012 3:00am PST
's the latest on the congress and particularly on the fiscal cliff front. jake, good to have you back. >> thank for having me. >> stan colander a good friend frequent guest. we call him "the budget guy." with the job numbers coming up a little later in the hour we want stan standing buy. >> did you say an army of operators? is that what dick army is doing? i was wondering. >> he made the million dollar pay out. >> 8 markos moulitsas. >> dick army leaving freedom works be, jim demint leaveing the senate. >> it's been a tough month for republican leaders. >> it has indeed. it was a tough day yesterday for mitch mcconnell in the u.s. senate. i don't know whether you heard. he ended up filibustering his own bill yesterday which was pretty embarrassing for mitch mcconnell. he had to take the insults from harry reid who said the republicans are like clueless or like without a rudder or maybe without at quarterback. here is harry reid showing some spots knowledge here. >> now to the new york jets coach ryan he's got a problem. he has three quarterbacks. sanchez
MSNBC
Dec 4, 2012 2:00am PST
more. going over the fiscal cliff could cost america jobs. >> we're only expanding 2% right now. it needs to be considerably higher to bring more people off unemployment. >> reporter: for the jobless, president obama is asking congress for millions more. and more on the president's plan which will pitch to governors today largely spares social security and medicare. >> tracie potts for us in washington, thank you. >>> now to the crisis in syria. new reports that the white house and its allies are weighing military options to secure syria's chemical and biological weapons. president obama and secretary of state hillary clinton both issued warnings to syria monday after intelligence picked up signs the assad regime might be making preparations of some kind with its large stockpile of chemical weapons. >> i want to make it absolutely clear to assad and those under his command the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable.
ABC
Dec 6, 2012 2:35am EST
. >> reporter: and of course, going off the so-called fiscal cliff means a tax hike for everybody who does have a job. treasury secretary timothy geithner said the president is absolutely welling to go off the cliff unless republicans agree to raise tax rates. >> there is no prospect for an agreement that doesn't involve the rates going up on the top 2% of the wealthiest. only 2%. >> reporter: on that no progress. >> where are the specifics? where are the discussions? nothing is going on. >> reporter: there have been no real talks between the white house and republicans for a week, but the president and the speaker of the house spoke via telephone. neither side would give any details about what was said. the stock market closed higher with traders optimistic a deal will be reached. jonathan karl, abc new, washington. >>> amazing a phone call can calm the markets. impressive here. what i thought was interesting. we talked how the house is scheduled to go on vacation the 14th of the month. so actually there is a tighter deadline than the 31st. apparently, house majority leader eric kantor said we
CNN
Dec 8, 2012 7:00am PST
house and congress will steer the country away from that so called fiscal cliff, which now is just 24 days away. but it's probably a good idea for you and your family to be prepared just in case. earlier, i spoke with stephanie rule of bloomberg tv about what could happen if the deal is not reached. >> people talk about the cliff like it's this major event, which it is. but almost like a y2k. from a paycheck perspective, you will see less money in your paycheck if we do fall off the cliff. but as far as the economy goes, it's not really a cliff, one specific act. it's going to be more like a slope and we are going to see most likely an economic slowdown where jobs are going to slow down because we're not going to see companies expand, we're not going to be seeing them grow. and this economy that we've been hoping to see a recovery could really head in the other direction, but it's not something we're going to see january 2nd, 3rd, and 4th. it's really overthe long haul. >> people hear you say lower paychecks. what about the tax hike? >> it's a negative. people need to prepare, that co
FOX News
Dec 9, 2012 4:00pm PST
boehner met at the white house to discuss efforts to resolve the fiscal cliff, we're not reading out details of the communication, but the lines of communication remain open, end quote. this meeting comes as the white house and congress appear to be at at impasse, you know by now is crippling spending and tax hikes and could cost us jobs and send us back into recession and to solve the problem, republicans say we must prevent our ballooning national debt from crushing generations. and chief white house correspondent now ed henry joins us by phone with the latest on this breaking story, ed, they kept this under wraps. how big after deal is this? >> good evening, harris, there's not a deal yesterdt. but it's significant it's almost a month since speaker boehner and the president sat down at the white house. that's ever significance, there's been scattered phone calls and one plan the president put on the table, quickly rejected by the republicans and speaker boehner put a counter offer on the table and the white house dismissed that one so much so it's not really a real plan and that t
CNN
Dec 4, 2012 6:00am PST
that fiscal cliff. can they do it, will they do it. our political panel tackles that next. and with photo stream, you can share all the photos you want, with just the people you want. it's as easy as pie. mmmm .. pie. the distances aren't getting shorter. ♪ the trucks are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ have led to an increase intands clinical depression. drug and alcohol abuse is up. and those dealing with grief don't have access to the professional help they need. when you see these issues, do you want to walk away or step up? with a degree in the field of counseling or psychology from capella university, you'll have the knowledge to make a difference in the lives of others. let's get started at capella.edu >>> good morning and thank you for being with us today. i'm carol costello. it's just about 30 minutes past the hour. time to take a look at our top stories. >>> didn't take long for the u.s. to respond to iran's claim it captured one of our drones. a defense official sayin
CSPAN
Dec 6, 2012 9:00am EST
president obama's proposal on the fiscal cliff to show that neither he nor democrats in congress are acting in good faith in these negotiations. with just a few weeks to go before a potentially devastating and entirely avoidable blow to the economy, the president proposed a plan that members of his own party won't even vote for. so i think it's safe to say at this point that the president actually isn't interested in a balanced agreement, he's not particularly interested in avoiding the fiscal cliff, and he's clearly not interested at all in cutting any spending. what the president is really interested in, as we learned just yesterday, is getting as much taxpayer money as he can, first, by raising taxes on small business that he believes are making too much money and then on everybody else, not so he can lower the debt or the deficit but so he can spend to his heart's contefnlts for months the president has been saying all he wants is to raise taxes on the top 2% so he can tackle the debt and the deficit. however, yesterday he finally revealed that's not really his true intent. by demanding
ABC
Dec 4, 2012 1:40am PST
and the president until the fiscal cliff is avoided. unlikely, but a reflection of voter frustration as both sides dig in. the white house demanding higher tax rates for the top two tax brackets, and the republicans refusing. after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck. so the lack of progress is not yet resulted in a market plunge. but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. the official deadline is december 31st at midnight when the ball drops in times
FOX News
Dec 9, 2012 1:00pm PST
without other leaders and it could represent an important step toward avoiding the fiscal cliff. the last time the 39 and the speaker met was with other members of congress november 15. they talked wednesday last week but that was a conversation by telephone. now they have sat down face to face. this top level meeting is important in any negotiating process in washington, dc. the fact they met on a sunday underscores the urgency. the white house confirmed the talks were held to discuss efforts to resolve the fiscal cliff and lines of communication remain open. the white house beating is the same day republicans appeared to be moving closer to the president's position on raising taxes for the wealthy. a senator appeared on fox news sunday along with a democrat schumer. >> the growing group of thugs are realizing they don't have a lot of cards related to tax issues. people are putting forth a theory and i think it has merit where you give the president the 2 percent increase he is talking about, the rate increase on the top 2 percent and suddenly the shift goes back to entitlements. >> if s
FOX Business
Dec 3, 2012 6:00pm EST
. yet another big corporations rushing to avoid a huge tax bill on the fiscal cliff. oracle said it would pay three of next year's dividends this year. taxes on dividends are set to go from 15% to as much as 43% next year unless congress changes the law. the big winner tonight oracle ceo as the company's largest shareholder you will get nearly $200 million in today's deal and will avoid about 60 million in taxes. he did not vote for today's exhilarated payout. he sure does profit from it. a lot more still to come, including a small business owner who says she feels helpless after superstores and the and the government is doing nothing to help her. the proof is in the pudding. albert done a new report showing a tax hikes on the bridge backfired in britain. we will politicians here techno? stay with us. ♪ gerri: do you remember willie sutton? he was the depression era bank robber who held up about 100 banks over 40 years. when asked why he was famously reported as answering, because that is where the money is. i thought of slick willie today as i was listening to the reporting of
FOX News
Dec 7, 2012 3:00am PST
cliff. right now there are only 25 shopping days left for congress and the president to negotiate a deal. our next guest says that could be a problem because the president has yet to learn the art of making a deal. joining us is "wall street journal" columnist daniel henninger. good morning to you. >> how are you doing? >> steve: you asked the question in your most recent column, where in his career did barak obama ever learn the art of a political deal? the answer is? >> nowhere. nowhere that i can see, steve. i mean, we're all sitting there watching this perils of pauline running along the cliff and wondering why they can't do a deal. and it struck any^ if you look back through the first term, where did barak obama strike any deal with the republicans? the biggest opportunity was when they were enacting the entitlement, affordable care act, obamacare, rolled back to the 1960s when lyndon johnson was enacting medicare and medicaid and he negotiated with republicans and he had republican support. barak obama got zero votes for obamacare and that's unprecedented. then you come to the summ
FOX News
Dec 6, 2012 6:00pm PST
. no the policy show the public will blame the gop if we go over the fiscal cliff. if that's the case, if he won't deal unless the republicans agree to raise the top rates or revenues, then boehner needs to understand this reality and not under any circumstances surrender or appear weak. now what that means specifically is boehner cannot allow himself to begin to negotiate with himself anda republicans because all that will do is vindicate and reward obama's inflexibility and cause a fierce fight within the gop and conservative. i get the feeling with each and every day as republicans move closer and closer to the obama position, that they are too afraid to go over the clip. they are too willing to make a deal, any deal, no matter how bad that might be. that's the danger. and there's a feeling out there these days in terms of the body language and the posture of the republican leadership, that's the direction they are headed. they look like they are atrade. they look like they want to deal and if they don't get one, the world is going to come crashing down on them. that's the mind-set that needs
CSPAN
Dec 5, 2012 7:00am EST
a fallback plan for the so called "fiscal cliff", which includes extending tax cuts for the middle class and resuming a fight over spending and taxes for the wealthy later. meanwhile, going overseas, nato makes a move on the turkish border with syria. military officials deny preparations for military intervention. protesters in egypt march on the palace as mohamed morsi flees. international and domestic news is all on the table for you this morning as we open up the phone lines. also, send us a tweet. or post your comment on facebook. or send us an e-mail. we will get back to that new york times story. first, some other headlines on the domestic front. here is the "washington times." also, sticking with the senate, the baltimore sun reporting this headline -- in politics, here is the denver post -- open phones before the first 30 minutes. we have a short show because the house is coming in at 9:00. steve in gaithersburg, maryland, a republican caller. caller: host: when did the republican party become the party that restricts poor? i understand the tax cut for the rich is important to so
ABC
Dec 2, 2012 11:00pm PST
resolve the impending fiscal cliff. >> this is not a night of politics and policy. but since you asked, yes, we think it will be a wonderful christmas gift to the american people to have a tax cut come january. >> congress must come up with a budget compromise before the end of the year or tax hikes and federal spending cuts will go into affect. pelosi will try to force a house vote to break the deadlock. tonight's annual gala event honored the entertainment great including dustin hoffman, david letterman, led -zeplin and chicago's buddy guy. they received the award for culture and the arts. >>> the" twilight" finale held on to the number one spot for the third straight weekend earning more than $250 million domestically since it opened. "sky fall" hung on to second place followed by" lincoln," "rise of the guardians" and" life of pi." they should top $10 billion for the year next weekend. and now one last check on the weather with leigh glaser. >> we'll check one more time with live doppler 7hd. mainly clear conditions and no returns being picked up right now. that moisture has moved
ABC
Dec 3, 2012 2:00am PST
asked if lawmakers can resolve the impending fiscal cliff. >> this is not a night of politics and policy. but since you asked, yes, we think it will be a wonderful christmas gift to the american people to have a tax cut come january. >> congress must come up with a budget compromise before the end of the year or tax hikes and federal spending cuts will go into affect. pelosi will try to force a house vote to break the deadlock. tonight's annual gala event honored the entertainment great including dustin hoffman, david letterman, led -zeplin and chicago's buddy guy. they received the award for culture and the arts. >>> the" twilight" finale held on to the number one spot foreed earning more than $250 million domestically since it opened. "sky fall" hung on to second place followed by" lincoln," "rise of the guardians" and" life of pi." they should top $10 billion for the year next weekend. and now one last check on the weather with leigh glaser. >> we'll check one more time with live doppler 7hd. mainly clear conditions and no returns being picked up right now. that moisture has moved to
CBS
Dec 3, 2012 6:00am PST
billion tax increase. >> "fiscal cliff," are you tired of it? >> i know. we are tired of it. >>> 6:10 now. a trip goes terribly wrong. how a california magician ended up in the hospital. >> the coast guard loses one of its own. how a smuggling investigation off the coast of santa barbara turned deadly. >> and we have a major recall to tell you about. the fire hazard involving two popular ford cars. we'll tell you about that and more when we come back. ,, ,,,,,,,,,, look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. reliability and ways to connect. welcome s
FOX News
Dec 8, 2012 11:00am PST
in washington where tonight we're no closer to compromise on a deal to avoid that show called fiscal cliff. >> it was also warm in the nation's capital despite the chill between democrats and republicans. >> president obama dug in his heels insisting on tax increase or higher earners. >> and they both agree he that the other's proposals are ridiculous. >> just a sampling of the coverage this week as the media keep a watch on what's done or not to avert the fiscal cliff. >> jim shall the overriding theme in the media seems to be that president obama won the election and therefore should do what he wants and the media seems to forget na john boehner and everyone else won their elections as well and they're a co-equal branch of government. >> i think the media loves the story of president obama's comeback and the new york time describes him as disciplined and unyielding and focused on this and i think there are other media stories as well. the second media story or narrative. which one wants to grow by virtue of the tax increases and get new perspective from the mainstream media and the third
CBS
Dec 9, 2012 7:30am PST
before the u.s. goes over that fiscal cliff we've been talking about. cbs reporter nancy cordis on the progress or lack thereof in washington. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to find ways to bring down the cost of healthcare without hurting seniors and other americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one day after house speaker john boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart, nancy pelosi, blames boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations 23 days before the deadline, when federal income tax rates will revert to higher clinton era levels, 2% payroll tax
FOX News
Dec 9, 2012 9:00am PST
, the house and the white house, we hope that negotiations continue over the fiscal cliff. i want to ask you about the idea being discussed that raising the debt ceiling could be something that would be taken out of congress's purview andessential, for the president alone to make that decision, what do you make of that? >> insofar as we for talking about legislation, politically that, idea has to be deads on arrival. i don't know why congress would part with this, given to congress. this is an unwise proposal and not one that i see getting any traction. >> do you think that it is a broader, sort of look at different moves we have seen by this administration, to essentially go around congress, whether it comes to regulations or treaties or things that, in some ways have limited or no congressional intercention -- intervention, big policy decisions that impact americans as a whole. >> if it's an instance of the president's go-it-alone policy without congressional authorization, constitutionally, he is on the weakest possible ground. there is nothings in the constitution that can be read to the
FOX Business
Dec 6, 2012 11:00am EST
on the fiscal cliff. what is going on, rich edson? "imus in the morning" rich: house republicans will host the events with small business leaders in their districts and highlight what republicans say will be the economic damage small-business from raising income-tax rates on families earning $250,000 a year. president obama is leaving washington too though he is only heading across the potomac river, going to suburban virginia to speak to a middle-class family and he will press congress to protect those making less than $250,000 a year from tax increases by raising rates on those making more. in washington it is the same fight. >> president obama, democrats in congress have ever been ambiguous, provide economic security for 90% of american families and 97% of small businesses asking the wealthiest 2% to contribute just a little more to stop this runaway debt. >> what the president is really interested in as we learned just yesterday he is getting as much taxpayer money as he can first by raising taxes on small business that he believes are making too much money and then on everybody else.
FOX News
Dec 5, 2012 6:00am PST
the house and the senate. that's where we are right now on the fiscal cliff. december 5th is it? there it is on the calendar. quick break more of what eric cantor said just moments ago. martha: during his 42 years in congress brooks is best known for voting to significantly cut government spending and to pass several historic laws including the civil rights act of 1964. what a life. jack brooks, dead at 89. bill: 25 minutes past the hour. there could soon be a major shortage of primary care doctors. the journal of the medical american association says 22% of internal medicine residents are planning to become internal medicine doctors. what does this mean to you? marc siegl joins us now with the latest on this. doctor, nice to see you. >> good to see you. bill: what does it mean. >> i want to explain to our views out there exactly what an internal medicine doctor is. we always talk about primary care. primary care is a pediatrician, obstetrician, gynecologist for women's health, family practitioner or a general internist, which is what i am. someone who does the internal organs o
CNN
Dec 3, 2012 4:00am PST
heads back to work this morning as the clock is ticking down toward the impending fiscal cliff. talks, though, seem to be at a stalemate. yesterday with just 29 days until tax hikes and deep spending cuts kick in. both republicans and the democrats were running to the airwaves to try to explain their positions. here's what they said. >> what we're not going to do is extend those tax cuts with the wealthiest americans. those cost a trillion dollars over ten years and there's no possibility that we're going to find a way to get our fiscal house in order without those tax rates going back up. >> nobody wants to go over the cliff. that's why the day after the election i tried to speed this process up by making the concession to put revenues on the table. it's unfortunate that the white house has spent three weeks doing basically nothing. >> the administration has presented a plan that calls for $1.6 trillion in new tax revenues. $400 billion in cuts to medicare and other entitlements. $50 billion for a new stimulus and congress would have to give up control over raising the debt limit. re
CSPAN
Dec 7, 2012 11:00pm EST
of why we are here, none of you who claim to be here. we are here debating a fiscal cliff. we're here debating direction of america, we were going to go financially. very responsible ability as members of congress. we are the stewards of public funding. it's rightfully have this hearing again and i vitiated. in december when i came, at least a couple issues. we want to invest in infrastructure. one america to move quickly in the best ways possible. what you want from you also need a plan for her. if the networks, a planned test it, it's an audited in a plan that has a review. i happen to come from california. the happiness in the area and many of you talk about. it's part of where it began. i have ruled out of viability, cost and with them and come in this will ever that is why i joined the chairman, mr. denham, mr. miller at the gao, asking for an audit and review of the business plan in california. a look forward to hearing testimony later through corporatists completed. today it has been billions of dollars. as concerns about the business plan itself an equally concerning to me jus
CSPAN
Dec 4, 2012 5:00pm EST
as a problem. >> as part of our series looking at the so-called fiscal cliff fleming, we look at different aspects of it. today we turn our attention to the alternative minimum tax and the pack that could come from congress if they're able to work out a deal. if they do nothing come of this will impact 30 million americans. joining us to discuss his georgetown laws, john buckley. thank you for being here. john buckley, let's begin. what is the alternative minimum tax? >> guest: in simple terms, the alternative minimum tax requires you to pay the greater of what you pay under the tax overshoot compute under the minimum tax, which has a slightly broader base. it disallows some deductions that would be allowed. in some respects, it is very similar to the tax on itemized deductions being discussed rather than directly attack preferences and expenditures, it essentially puts an overall cap on the benefit. there's no new ideas in this debate. the cap is a very strong relationship. >> curious form 625 from the irs for the 2011 tax preparation. here is part 1, the alternative minimum taxable incom
CSPAN
Dec 7, 2012 9:00am EST
of issues, which are sometimes broadly described under the umbrella of the terminology, fiscal cliff. when we confront those difficult challenges, we have to ask ourselves a couple of basic questions. one of the basic questions we must ask is, what will be the result and will be the impact as it relates to middle income families? what will happen to them in the midst of all these tough issues we have to work out? we know there is broad agreement that going over the so-called fiscal cliff would jeopardize the economic recovery. it would do that by increasing taxes on families, halting employment growth, driving unemployment up instead of down, triggering a deep cuts to programs that families across the country count on. the job before the united states congress is to reach an agreement that builds on the economic progress that we are making, and puts us on a path to fiscal stability. we need to cut more spending, and generate more revenue. we need to do it in a smart way that keeps our economy growing. earlier this year, congress extended the payroll tax cut through 2012. the two percentage
MSNBC
Dec 8, 2012 11:00am PST
planning his next move after confronting a fiscal cliff. "the los angeles times" says the administration will begin an all-out drive for major immigration reform next year but the white house deciding whether to send legislation to congress or let lawmakers take the lead. more to come. >>> members of congress are stepping in to help new yorkers clean up from hurricane sandy. politicians from as far away as georgia travel to staten island to help local congressman michael grimm help his residents. hurricane sandy struck more than a month ago. and during the height of the gift-giving season a new website is outlining the weirdest gifts president obama has gotten. on the list, 50 pairs of boxer briefs from david beckham's line, a donkey from a cluster bomb -- colombian town. but the strangest thing? insurance against crocodile attacks. it came from an australian official. >>> still to come, the supreme court ready to weigh in on same-sex marriage. what a decision could do to politics surrounding this hot-button issue. the truth about mascara is... it clumps. introducing a revolutionary new
CSPAN
Dec 5, 2012 9:00am EST
for leadership on this issue. 21 days until christmas. 27 days until cliffmas. that's the fiscal cliff, december 31. people are counting down. two-thirds of americans are watching this debate on capitol hill because it affects every single family, every individual. and you think to yourself, could congress possibly step back and let taxes go up on working families? what are we thinking? we know what they're dealing with. many of working families across america struggle paycheck to paycheck. the pew institute did a study last year and asked working families how many could come up with $2,000 in 30 days for an emergency expenditure. it's easy to imagine one. a car repair, a quick trip to the hospital emergency room, $2,000. only half of working families could come up with $2,000 in 30 days. that shows how close to the edge many people live. so now we have before us the possibility that these very same families struggling with these issues are in fact, are in fact going to see their taxes go up december 31. there's one person who will decide that: speaker john boehner, the republican speaker of the
CNBC
Dec 4, 2012 6:00am EST
a dozen governors are headed to the white house to talk about the fiscal cliff. they will tell the president that failing to come to an agreement will leave the states with the bill. after that they'll be going on to meet with some of the leaders in congress to make their same points there and we'll see what happens out of this. the markets have been watching just about every headline and trying to see what happens on this physical cliff issue. the "doubt" futures are up about 21 points. yesterday, though, we saw the markets close at the lows of the day. the dow down about 60 points on some of these concerns that, again, all of these issues still have quite aways to go before they reach any sort of deal. >>> overseas in asia you can see that the markets there, there were some marginal gains when you look at the hang seng. and the shanghai was up by 0.8, and in korea, it was down. and in europe, the green arrows, and the biggest gains in france with the cac up 0.75%. >>> facebook looks to grow its mobile business. julia boorstin has the news and what it means for the social netw
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